Raghuram Rajan Speaks on Economic Problems | Full Speech

While addressing the audience at an event hosted by the Asia Society, Raghuram Rajan - RBI Governor said that there is a need to fix underlying economic problems and problems of global governance. Listen in.
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[@ankityad000]

no anyone take place of the raghuram g rajan wonderful economist of this century

[@premnathmp9390]

Mr Regu Ram Rajan excellent speech n valuable advices. Modi has listen to his speech.

[@nthperson]

The most important change needed in law and taxation is to once and for all eliminate the power of rentier interests who control must of the world's land and natural resources without full and just compensation to communities and societies. Failure by government to capture rents from all sources has resulted in the imposition of heavy tax burdens on those who actually produce goods and deliver services, taxes that impose high deadweight losses on economic output.

[@santhoshreddy2571]

the people who dislike this have no right to do that.wonderful speech ever

[@ashoks5317]

One should know basics of Indian economy and make a fair Judgement. Just because one has studied abroad doesn't mean that one is efficient and knowledgeable. Now let me place before your certain RBI reports. The advances to Industries in March 2008 was Rs 18lakh crores and with in a span of 6 years ie on March 2014 it was Rs 52 lakh crores. The Industries have received Rs 18 lakh crores since 1947 till 2008 ie in 61 years but in less than 1/10 period it has increased by 34 lakhs crores.During the same period the NPA has shot up from 1.25 lakh crores to 10.25 lakh crores. The inflation was in double digits and GOI was not able to pay the oil subsidy to oil companies. The revenue was only 8.50 lakh crores. The air India which had a revenue of 7000 crores was burdened with purchase of aircraft at 70000 crores. Here comes our RR instead of setting the things right turned a blind eye. The rating agency meet FM/PM/RBI governor and cautions them if corrective steps are not taken then our economy will be degraded to Junk status. The FM Arunjaitely doesn't take immediately steps against big borrowers since any such move will send wrong signals to foreign investors.They tighten the screw with reform such as RERA,IBC,setting up NCLT, AMLA, Benani property act, Demonitisation, GST.Our respected RR warns the governors seat for 3 years from 2013to 2016 and when PC was about to remit his office, he signs the controversial 80:20 gold Scheme act which is exploited by few and runaway from the country. Could this have happened in USA? It can happen only in India. Further he says he had send a list of borrowers but Government didn't act.?

[@beenachhetri2386]

Great talk sir. Huge respect

[@bankersbee]

He is great man, although trivial politics never accept it. Because he is not in favour of them but country.

[@vinithat4356]

The starting point of the problem has to be recognised and the problems to be solved by taking measures .the major threat of employment was not between humans, it's between technology (robots) and humans.

[@duttmrinal]

amazing articulation

[@AnkurSingh-uo3wl]

amazing !

[@sanjaysahu2712]

Sir tell us how to increase indian rupees value

[@aishwaryabalaraman4620]

Failure by government to capture rents form all sources has resulted in the imposition of heavy tax burden on those who actually produce goods and services,taxes that impose high deadweight losses on economic output

[@rameses6239]

True word's

[@Hello-nu347sm]

*

[@TheERJATIN]

what is the name of the book

[@rayoflight2748]

I Do What I Do ... RR Rajan book.

[@abhisheknarvaria6567]

@@rayoflight2748 no.its not.

[@abhisheknarvaria6567]

It is world in 2050. By harinder kohli

[@virnamisra1657]

Retaining.....at @16.... Interaction & self speech southern belt..to be handled happily.. here.....1/2. Rest by... URS..

[@burrabhaskar7168]

no comments pl

[@jhon1702]

Bharat ka Gaurav Dr raghuramrajan

[@virnamisra1657]

Entry..no entry.... Casablanca...coz..I don't know..get @100.. ordouvres..

[@maharashtramaza501]

Amazing... Speech by R. J

[@pullamraju4855]

Being friend of Chidambaram he is creater of problems!?

[@virnamisra1657]

@4....till on my shoulder..chauth...A. Who gave you transplanted lips. ....mQ from..miss 🌹. For the King£555